Spdr Gold Shares (NYSEARCA:GLD): On 06/30/2011, UBS AG reported holding 9,898,631 shares with a market value of $1,445,200,126. This comprised 1.6% of the total portfolio. On 09/30/2011, UBS AG reported holding 3,000,694 shares with a market value of $474,289,686. This comprised 1.04% of the total portfolio. The net change in shares for this position over the two quarters is -6,897,937. About Company: SPDR Gold Trust is an investment fund incorporated in the USA. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust holds gold and is expected from time to time to issue Baskets in exchange for deposits of gold and to distribute gold in connection with redemptions of Baskets.

Ishares Russell 2000 Index (NYSE:IWM): On 06/30/2011, UBS AG reported holding 24,104,027 shares with a market value of $1,995,813,509. This comprised 2.21% of the total portfolio. On 09/30/2011, UBS AG reported holding 6,419,792 shares with a market value of $412,792,645. This comprised 0.9% of the total portfolio. The net change in shares for this position over the two quarters is -17,684,235. About Company: iShares Russell 2000 Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the performance of the Russell 2000 Index Fund. The Index measures the performance of the small-capitalization sector of the U.S. equity market. The Fund uses a Representative Sampling strategy to try to track the Index.

Jpmorgan Chase & Co. (NYSE:JPM): On 06/30/2011, UBS AG reported holding 34,507,802 shares with a market value of $1,412,749,366. This comprised 1.56% of the total portfolio. On 09/30/2011, UBS AG reported holding 10,352,089 shares with a market value of $311,804,929. This comprised 0.68% of the total portfolio. The net change in shares for this position over the two quarters is -24,155,713. About Company: JPMorgan Chase & Co. provides global financial services and retail banking. The Company provides services such as investment banking, treasury and securities services, asset management, private banking, card member services, commercial banking, and home finance. JP Morgan Chase serves business enterprises, institutions, and individuals.

Ishares Msci Emerging Markets Index (NYSE:EEM): On 06/30/2011, UBS AG reported holding 18,675,773 shares with a market value of $888,966,766. This comprised 0.98% of the total portfolio. On 09/30/2011, UBS AG reported holding 6,898,396 shares with a market value of $242,133,689. This comprised 0.53% of the total portfolio. The net change in shares for this position over the two quarters is -11,777,377. About Company: iShares MSCI Emerging Markets Index is an exchange-traded fund incorporated in the USA. The Fund seeks results that correspond generally to the price and yield performance of the MSCI TR Emerging Markets Index. The Fund will concentrate its investments in a particular industry or geographic region to approximately the same extent the Index is so concentrated.

Ishares Russell 1000 Growth Index (NYSE:IWF): On 06/30/2011, UBS AG reported holding 4,584,854 shares with a market value of $279,125,916. This comprised 0.31% of the total portfolio. On 09/30/2011, UBS AG reported holding 4,425,754 shares with a market value of $232,706,153. This comprised 0.51% of the total portfolio. The net change in shares for this position over the two quarters is -159,100. About Company: iShares Russell 1000 Growth Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the performance of the Russell 1000 Growth Index. The Index measures the performance of the large-capitalization growth sector of the U.S. equity market. The Fund uses a Replication strategy to track the Index.

Vanguard Emerging Markets Stock Etf (NYSE:VWO): On 06/30/2011, UBS AG reported holding 7,632,922 shares with a market value of $371,112,659. This comprised 0.41% of the total portfolio. On 09/30/2011, UBS AG reported holding 6,416,492 shares with a market value of $229,902,920. This comprised 0.5% of the total portfolio. The net change in shares for this position over the two quarters is -1,216,430. About Company: Vanguard Emerging Markets ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the MSCI Daily TR Net Emerging Markets USD Index. The Fund invests its assets in the stocks that make up the Index, holding each stock in the same proportion as its weighting.

Ishares Barclays Aggregate Bond (NYSE:AGG): On 06/30/2011, UBS AG reported holding 1,452,197 shares with a market value of $154,905,851. This comprised 0.17% of the total portfolio. On 09/30/2011, UBS AG reported holding 2,072,807 shares with a market value of $228,236,780. This comprised 0.5% of the total portfolio. The net change in shares for this position over the two quarters is 620,610. About Company: iShares Barclays Aggregate Bond Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the price and yield performance of the total United States investment grade bond market as defined by the Barclays Capital U.S. Aggregate Index.

Ishares Barclays Tips Bond (NYSE:TIP): On 06/30/2011, UBS AG reported holding 1,961,336 shares with a market value of $217,002,214. This comprised 0.24% of the total portfolio. On 09/30/2011, UBS AG reported holding 1,872,782 shares with a market value of $214,058,988. This comprised 0.47% of the total portfolio. The net change in shares for this position over the two quarters is -88,554. About Company: iShares Barclays US Treasury Inflation Protected Securities Fund is an exchange-traded fund incorporated in the USA. The Fund will track the Barclays Capital US Treasury Inflation Notes Index. The Index measures the performance of inflation protected public obligation of the US Treasury, also known as “TIPS”.

(Note: Data regarding UBS AG’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)